Multiple Choice
The Marginal Propensity to Consume (MPC) is defined as the change in
A) C over the change in DI.
B) income over the change in disposable income.
C) DI over the change in C.
D) total income over the change in net income.
Correct Answer:
Verified
Related Questions
Q85: The relationship between consumer spending and disposable
Q97: The difference between disposable income and consumption
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents